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Crypto AM Happy 3rd Birthday - CityAM : CityAM

Crypto AM Happy 3rd Birthday - CityAM : CityAM
cityam.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cityam.com Daily Mail and Mail on Sunday newspapers.

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«Рынок ощутил слабость продавцов» Возможно ли подорожание биткоина

«Рынок ощутил слабость продавцов» Возможно ли подорожание биткоина
rbc.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from rbc.ru Daily Mail and Mail on Sunday newspapers.

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Elon Musk Dons a Bitcoin Mining Hat, and Fed Downplays Inflation Risk

Elon Musk Dons a Bitcoin Mining Hat, and Fed Downplays Inflation Risk On 5/25/21 at 2:07 PM EDT Bitcoin seems to have pulled out of its steep nosedive, and behold! The Oracle of SpaceX may be preparing to give his blessing to Bitcoin mining. Bitcoin plunged below $32,000 Sunday following Elon Musk s announcement that Tesla wouldn t accept the cryptocurrency as payment for its electric cars. Then, in a tweet that many misinterpreted, Musk appeared to say that Tesla had sold some of its Bitcoin holdings. It hadn t. Earlier, Musk s announcement that Tesla had invested $1.5 billion in Bitcoin sent the crypto higher. Next, Musk expressed doubts about the energy used in Bitcoin mining, the computer-driven solving of complex hexadecimal puzzles to keep the blockchain fresh and earn new Bitcoins as reward.

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Bitcoin Losing Support as Store of Value, Inflation Looms Over Recovery

The price of gold has risen as Bitcoin s value has plunged, and the economic recovery from the pandemic is threatened by indications of impending inflation.

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U S Unlikely to Join Other Nations in Banning Bitcoin

U.S. Unlikely to Join Other Nations in Banning Bitcoin On 4/27/21 at 1:28 PM EDT Although some countries, including India, are considering banning Bitcoin, an outright ban in the United States is unlikely. Wall Street has embraced Bitcoin as an asset class, and derivatives are traded on the Chicago Mercantile Exchange. Any clampdown is likely to be wrapped in lofty language about protecting the public from scams as well as criminal and terrorist activity, and it would likely have to be accomplished by making it difficult to convert Bitcoin and other cryptocurrencies to dollars. But faced with such trading barriers, it is likely that the cryptocurrency market would simply shift to more welcoming nations. This, analysts believe, would give China a distinct advantage, especially as it tests a digital version of the yuan.

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